Foreign trade of Fujian up 18pc in first three quarters

STATISTICS of Fuzhou customs show total import and export value of Fujian province increased 17.9 per cent to US$53.5 billion in the first three quarters of this year, Logistics Week reported.

Exports grew 21.5 per cent to $35.91 billion, while imports rose 11.3 per cent to $17.68 billion, the report said.

Import and export value of foreign invested companies in Fujian increased 13.6 per cent to $32.9 billion, which was followed by private companies' at $12.3 billion trailed by state-own enterprises at $8.2 billion.

The five largest export markets of Fujian in terms of export value were the US, EU, Japan, ASEAN and Hong Kong, while the top five import markets were Taiwan, ASEAN, Japan, US and South Korea, the report said.